NEWBUILDINGS (Tables)

12 Months Ended

Dec. 31, 2017

Movements in the three years ended December 31, 2017 may be summarized as follows:



(in thousands of $)
Balance at December 31, 2014	227,050
Additions, net, continuing basis	677,103
Newbuildings acquired upon the Merger	16,523
Newbuildings acquired from related party	1,927
Newbuildings sold to Avance Gas	(517,398	)
Transfer to Vessels and equipment, net	(133,429	)
Interest capitalized, continuing basis	5,989
Cancellations	(11,532	)
Balance at December 31, 2015	266,233
Additions, net, continuing basis	614,116
Transfer to Vessels and equipment, net	(532,766	)
Interest capitalized, continuing basis	6,994
Cancellations	(46,253	)
Balance at December 31, 2016	308,324
Additions, net, continuing basis	707,988
Transfer to Vessels and equipment, net	(941,388	)
Interest capitalized, continuing basis	4,678
Balance at December 31, 2017	79,602

The following table sets forth certain details of our newbuildings delivered in the years ended December 31, 2017 and December 31, 2016: